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report
March 9, 2017
The 35 Percent Corporate Tax Myth
Profitable corporations are subject to a 35 percent federal income tax rate on their U.S. profits. But many corporations pay far less, or nothing at all, because of the many tax loopholes and special breaks they enjoy. This report documents just how successful many Fortune 500 corporations have been at using loopholes and special breaks over the past eight years. As lawmakers look to reform the corporate tax code, this report shows that the focus of any overhaul should be on closing loopholes rather than on cutting tax rates.
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blog
March 8, 2017
State Rundown 3/8: Much Ado About Consumption Taxes
This week brings more news of states considering reforms to their consumption taxes, on everything from gasoline in South Carolina and Tennessee, to marijuana in… -
blog
March 8, 2017
A Tax Perspective on International Women's Day
Thursday, March 8 is International Women’s Day. The day draws attention to the progress that has been made and the work that still needs to… -
blog
March 7, 2017
GOP Obamacare Repeal Would Slash Taxes on the Wealthy At the Expense of Middle- and Low-Income Families
On Monday, House Republicans released legislation that would repeal or modify many of the most significant portions of the Affordable Care Act (ACA). A central… -
blog
March 2, 2017
Undocumented Immigrants Pay Taxes
A newly updated ITEP report released today provides data that helps dispute the erroneous idea espoused during President Trump’s address to Congress that undocumented immigrants… -
blog
March 2, 2017
Tax Justice Digest: Undocumented Immigrants Pay Taxes and Fact-Checking President Trump
In the Tax Justice Digest we recap the latest reports, blog posts, and analyses from Citizens for Tax Justice and the Institute on Taxation and… -
blog
March 1, 2017
Fact-Checking Tax Policy Points in President Trump's Address to Congress
Despite some expectations that President Donald Trump would use his address to a joint session of Congress to lay out more details of his plan… -
blog
March 1, 2017
State Rundown 3/1: Will Tax Cut Proposals Be "In Like a Lion, Out Like A Lamb"?
Tax cuts have been proposed in many states already this year, but amid so much uncertainty, it remains to be seen how successful those efforts… -
report
March 1, 2017
Undocumented Immigrants' State & Local Tax Contributions
Public debates over federal immigration reform, specifically around undocumented immigrants, often suffer from insufficient and inaccurate information about the tax contributions of undocumented immigrants, particularly at the state level. The truth is that undocumented immigrants living in the United States paybillions of dollars each year in state and local taxes. Further, these tax contributions would increase significantly if all undocumented immigrants currently living in the United States were granted a pathway to citizenship as part of comprehensive immigration reform. Or put in the reverse, if undocumented immigrants are deported in high numbers, state and local revenues could take a substantial hit.
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blog
February 28, 2017
Return of the Moderate: A Kansas Force Awakens
Before the tea party wave of 2010 that brought Gov. Sam Brownback to power and inspired the disappointing “real life experiment” in tax policy, Kansas…